Overview
- Nvidia remains the dominant supplier of AI accelerators and has been a standout stock since 2023, but concerns are building about next year’s trajectory.
- CEO Jensen Huang said the company is sold out of cloud GPUs, a supply strain that is pushing some hyperscalers to seek additional computing elsewhere.
- AMD announced a partnership with OpenAI for 6 gigawatts of compute capacity, compared with Nvidia’s reported 10‑gigawatt deal with OpenAI.
- Broadcom is advancing custom AI accelerators for hyperscalers, and Alphabet has deployed its Tensor Processing Units in its own data centers.
- Recent reports say Alphabet is in talks to sell some TPUs to Meta, a major Nvidia customer, though the discussions have not been confirmed.